This charming rambler in Faribault is a must-see—whether you're a first-time buyer or an investor seeking great value. With 2 bedrooms, 1 bath, and a spacious 858 sqft basement, this home offers endless possibilities to update, expand, and truly make it your own! The basement is plumbed, offering the perfect foundation for additional spaces. The .25-acre lot provides room to create outdoor living spaces or add a pool. Backyard comes with a powered shed, for storage.
Recent updates add even more appeal, including a new furnace and AC (2024) with transferable warranties, updated kitchen appliances (2022), and a new washer/dryer (2023). The bathroom has been refreshed with sleek new LVT flooring (2024), perfectly complementing the modern updates throughout the home. And with an attached, heated garage, you'll enjoy year-round comfort.
Whether you’re looking for a cozy starter home or a smart investment, this is the perfect place to start. Don’t wait, homes like this go quickly.
Closed
$220,000
416 2nd St NW, Faribault, MN 55021
2beds
858sqft
Single Family Residence
Built in 1988
0.25 Acres Lot
$228,400 Zestimate®
$256/sqft
$1,626 Estimated rent
Home value
$228,400
$192,000 - $274,000
$1,626/mo
Zestimate® history
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$1,400/mo
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List your homeWhat's special
Sleek new lvt flooringUpdated kitchen appliancesAttached heated garageNew furnace and ac
Zillow last checked:
Listing updated:
Listed by:
Maio Perry 516-423-3952,
Coldwell Banker Realty
Bought with:
Damien Troupe
Coldwell Banker Realty - Lakes
David Brandner
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6622292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 136.1 Square Feet
- Dimensions: 11'9 x 11'7
Bedroom 2
- Level: Main
- Area: 99.94 Square Feet
- Dimensions: 9'9 x 10'3
Bathroom
- Level: Main
- Area: 70.69 Square Feet
- Dimensions: 9'9 x 7'3
Dining room
- Level: Main
- Area: 98.54 Square Feet
- Dimensions: 10'9 x 9'2
Garage
- Level: Main
- Area: 295.79 Square Feet
- Dimensions: 15'6 x 19'1
Kitchen
- Level: Main
- Area: 212.5 Square Feet
- Dimensions: 17' x 12'6
Living room
- Level: Main
- Area: 203 Square Feet
- Dimensions: 14' x 14'6
Other
- Level: Basement
- Area: 858 Square Feet
- Dimensions: 26'x 33'
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, Sink
Features
- Basement: Block,Full
- Has fireplace: No
Interior area
- Total structure area: 858
- Total interior livable area: 858 sqft
- Finished area above ground: 858
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete, Garage Door Opener, Storage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (16 x 20)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Kennel/Dog Run
- Fencing: Wood
Lot
- Size: 0.25 Acres
- Dimensions: 66 x 165
Details
- Additional structures: Storage Shed
- Foundation area: 858
- Parcel number: 1831126388
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: City/Faribault
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $193,000
- Annual tax amount: $2,290
- Date on market: 12/6/2024
- Cumulative days on market: 32 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $220,000-2.2%$256/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6622292 Report a problem | ||
| 1/7/2025 | Pending sale | $225,000$262/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6622292 Report a problem | ||
| 12/6/2024 | Listed for sale | $225,000$262/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6622292 Report a problem | ||
| 11/19/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/21/2024 | Listed for sale | $225,000$262/sqft |
Source: Owner Report a problem | ||
| 8/11/2024 | Pending sale | $225,000$262/sqft |
Source: Owner Report a problem | ||
| 8/6/2024 | Listed for sale | $225,000+25%$262/sqft |
Source: Owner Report a problem | ||
| 1/19/2022 | Sold | $180,000$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6124063 Report a problem | ||
| 12/8/2021 | Pending sale | $180,000$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6124063 Report a problem | ||
| 11/23/2021 | Listed for sale | $180,000+54%$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6124063 Report a problem | ||
| 8/17/2010 | Sold | $116,900$136/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1141013 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,244 -2% | $193,000 +6.8% |
| 2024 | $2,290 +11.7% | $180,700 -6.5% |
| 2023 | $2,050 +11.8% | $193,200 +5.1% |
| 2022 | $1,834 +5.4% | $183,800 +16.3% |
| 2021 | $1,740 +5.3% | $158,100 +4.8% |
| 2020 | $1,652 | $150,900 +2.9% |
| 2019 | $1,652 +8.8% | $146,600 +8% |
| 2018 | $1,518 +14.7% | $135,700 +13.4% |
| 2017 | $1,324 +2% | $119,700 +0.9% |
| 2016 | $1,298 | $118,600 +5.1% |
| 2015 | $1,298 +0.3% | $112,800 -3.3% |
| 2014 | $1,294 +3.9% | $116,700 |
| 2013 | $1,246 +2% | -- |
| 2012 | $1,222 | -- |
| 2011 | $1,222 +1.7% | -- |
| 2010 | $1,202 -9.5% | -- |
| 2009 | $1,328 +7.1% | -- |
| 2008 | $1,240 -4% | -- |
| 2007 | $1,292 +5% | -- |
| 2006 | $1,230 +36.7% | -- |
| 2004 | $900 +9.8% | -- |
| 2003 | $820 +8.2% | -- |
| 2002 | $758 -30.5% | -- |
| 2001 | $1,090 | -- |
Find assessor info on the county website
Neighborhood: 55021
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Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$228,400
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Estimated market value
$228,400
- Minnesota
- Rice County
- Faribault
- 55021
- 416 2nd St NW
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